3 ms·
The incentive is gone, since preexisting conditions are no longer a disqualification.
by WalterSear 7y ago
The incentive is gone, since preexisting conditions are no longer a disqualification.
- dsfyu404ed 7y agoThe incentive is still very much there. You just can't use a preexisting condition as your excuse anymore.
- WalterSear 7y agoI would argue that the incentive was implicit and fundamental to the nature of the business, because it provided agents with a method to pick and choose their clients. By inducing lapses in insurance coverage, insurance companies were able to convert illnesses under active treatment into preexisting conditions.